Business

Hindustan Zinc Q2 results preview: Net profit likely to rise 30%, revenue growth seen at 15% YoY

Hindustan Zinc Q2 results preview: Hindustan Zinc Ltd's Q2FY25 results are set for October 18. Expeced sales are ₹7,800 crore, up 15% year-on-year but down 4% sequentially. Net profit is forecasted at ₹2,200 crore, reflecting a 29% year-on-year increase.

Hindustan Zinc Q2 results preview: Hindustan Zinc Ltd has scheduled the release of its Q2FY25 results for Friday, October 18. Analysts anticipate significant year-on-year growth from the company, although the quarter-on-quarter figures might not be as robust. Motilal Oswal Financial Services' report highlights the company's expected sales of around ₹ 7,800 crore, indicating a 15% increase year-on-year but a 4% decrease sequentially.

EBITDA is forecasted to hit ₹ 3,900 crore, demonstrating a 23% rise year-on-year and remaining stable sequentially. The company is expected to report a net profit of ₹ 2,200 crore, showing a 29% growth year-on-year but a 5% decline sequentially. On Thursday, Hindustan Zinc share price closed 0.

52% down at ₹ 507.95 apiece on the BSE. (more to come).